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Industry
April 3, 2025
Metropolitan Park Casino Project Adds Affordable Housing Component
The joint venture between Hard Rock and Steve Cohen, the billionaire businessman and New York Mets owner, Slate Property Group, LLC and Queens Future LLC, announced its plans to develop hundreds of long-term affordable apartments as part of the massive project in Queens. $8BN Metropolitan Park Casino Project Includes Affordable Housing Hard Rock and Cohen […]
Industry
March 31, 2025
New York Lawmakers Endorse Citi Field Casino Proposal
There are nearly a dozen gaming and entertainment companies and coalitions planning their bid for one out of three casino licenses in New York. The process of securing one of the coveted licenses is complex and, for some bidders, requires rezoning of land. Such is the case for the proposal backed by the billionaire businessman […]
Industry
March 6, 2025
Steve Cohen’s Casino Push Dominates NYC Lobbying Scene
By the end of the year, a total of three new downstate casino licenses in New York are expected to be awarded. As competition is fierce, considering that close to a dozen companies have demonstrated interest in winning one of the coveted licenses, lobbying efforts throughout last year have intensified. Cohen-Backed Company Spends $1.4M on […]
Industry
February 21, 2025
NY Metropolitan Park Casino Secures City Planning Commission Approval
Pursing one out of a total of three New York casino licenses, Steve Cohen, the billionaire, entrepreneur and New York Mets owner, joined forces with Hard Rock Entertainment. Their casino bid, a large entertainment and gaming complex, proposes redevelopment of land currently used for a parking lot located west of Citi Field in Flushing. Only […]
Casino
February 9, 2024
Mets’ Owner Steve Cohen Unveils $8bn Casino Plan for Citi Field Area
Considering the resounding success of mobile sports betting in New York, leading industry operators showed interest in securing one of the state’s three new downstate casino licenses. The fierce competition was joined by industry giants, including Wynn Resorts, Las Vegas Sands, MGM Resorts International and several other bidders. Overall, nearly a dozen bidders joined the […]
Casino
October 12, 2023
Steve Cohen Considers Constructing Citi Field Casino
Steve Cohen, the owner of the New York Mets MLB franchise, has plans to construct a new casino next to the team’s home stadium, Citi Field. Cohen hopes that the new property would attract more people to the area. The move would mirror other franchises’ efforts to attract people to their stadiums. During Sportico’s recent […]